Great Lakes Graphite (CVE:GLK) Stock Passes Above Fifty Day Moving Average of $0.03

Great Lakes Graphite Inc (CVE:GLKGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.03 and traded as high as C$0.04. Great Lakes Graphite shares last traded at C$0.04, with a volume of 73,021 shares changing hands.

Great Lakes Graphite Stock Performance

The firm has a market cap of C$4.64 million and a PE ratio of -1.75. The stock has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04.

About Great Lakes Graphite

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Great Lakes Graphite Inc, doing business as NovoCarbon Corporation, engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interest in the Lochaber graphite project, which includes 45 claims covering 2,649 hectares located in the Buckingham Graphite region in Outaouais/Gatineau, Québec.

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